Credit Risk Reviewer Jobs in Georgia (NOW HIRING)

Low Income Investment Fund (LIIF) is a national community development financial institution (CDFI), headquartered in San Francisco with offices in New York City, Atlanta, Los Angeles and Washington, D.C., that invests in communities of opportunity, equity and well-being. As a CDFI, LIIF supports projects that have high social value but lack access to traditional financial institutions. Since 1984, LIIF has deployed more than $3.1 billion to serve more than two million people in communities across the country from its five offices. An S&P‑rated organization, LIIF funds healthy communities by providing innovative capital solutions. Currently, LIIF is driving $5 billion in investments to advance racial equity (2020-2030). More on LIIF can be found at liifund.org.

The Director, Asset Management is responsible for directing a team of Asset Managers and overseeing the overall asset management of LIIF’s growing portfolio of nearly $650 million in acquisition, pre‑development, construction and permanent loans made to support the development of affordable housing, childcare facilities, charter schools, and other community facilities. The Director will train, manage and coach the Asset Managers to ensure quality execution of asset‑management responsibilities.

• Assign loan portfolios to Asset Managers and evaluate progress and quality control
• Manage Credit Committee
• Ensure modifications, credit reviews, and site visits are performed thoroughly, timely and in accordance with procedures by AM staff
• Support AM staff in securing ongoing training in areas such as construction lending, accounting and charter school management
• Lead the newly created Cross‑Functional Delinquent Loan Management (CFDLM) procedures and coordinate cross‑functional collaboration with SVP of Operations, Director of National Lending Initiatives, Operations, Deputy Director of Loan Servicing and Deputy Director of Loan Closings. The Director is supported by the CCO/CO and leads this effort to minimize frictional delinquencies, including:
  • Review, update and maintain CFDLM procedures annually
  • Lead monthly cross‑functional meetings to monitor delinquent and past‑due loans and plan for upcoming maturities
  • Ensure Asset Managers address delinquencies and plan for future maturities to mitigate risk
  • Ensure the Asset Management team meets CFDLM responsibilities
• In collaboration with CO and/or CCO, ensure:
  • The portfolio of acquisition, pre‑development, construction and permanent loans is well‑managed to mitigate credit risk and minimize losses
  • LIIF staff provide excellent customer service and professionalism to all participating parties
  • Consult Asset Managers on internal and external strategies for portfolio management
  • Design solutions for managing special attention and delinquent loans
  • Facilitate information exchange on policy, economic or event impacts such as teacher strikes, government shutdowns, natural disasters

The Director independently manages the Asset Managers and, with a dotted line to the NMTC Asset Manager, will:

• Provide direct training and coaching to develop staff strengths, address performance issues and affirm achievements
• Handle performance reviews, time‑off approvals, expense reports, timesheets and office space for direct reports
• Cover portfolio responsibilities during leave, absence or turnover
• Improve retainage and employee engagement
• Lead hiring, onboarding, performance improvement plans and terminations for these positions
• Monitor workloads and support professional development and training

• Loan Monitoring – Oversee loan monitoring for affordable housing, healthcare, charter schools and community facilities, including construction draws. Prepare credit reviews to assess asset and credit quality against underwriting expectations and conduct risk‑analysis to recommend risk ratings.
• Construction Disbursement Management – Review and approve construction draw packages, assess disbursement trackers, AIA documentation, site observation reports and title reports. Ensure compliance with loan documentation, budgeting, lien law and timelines; manage budget reallocation and secure additional funding for overages.
• Site Visits – Conduct regular site visits and prepare reports in accordance with lending procedures.
• Special Attention Loans – Collaborate with the Special Assets Manager, Credit Officer and Chief Credit Officer to restructure, monitor compliance, and prepare action plans for special attention or delinquent loans.
• Loan Workouts – Assign workout transactions to the Special Assets Manager; oversee credit analysis, loan history review and programming of workout strategies in partnership with legal counsel, CO and CCO.

• Collect and provide portfolio credit data and analysis to support audits and reports for S&P, DOE and the CDFI Fund.
• Loan Extensions and Modifications – Direct Asset Managers in designing extensions and modifications, assess feasibility and creditworthiness, and recommend terms to Credit Officer and Chief Credit Officer.
• Conversion – Oversee conversions of loans between product types, including credit underwriting and closing.

• Minimum 10 years of experience in real‑estate‑based or business lending, including borrower contact, credit analysis, due diligence and loan documentation.
• Experience managing staff; evidence of leadership from professional experience.
• Proficiency in analyzing financial statements for for‑profit and non‑profit organizations and their real‑estate operations, especially rental housing and community facilities.
• Knowledge of basic accounting principles, including cash and accrual accounting; familiarity with federal, state and local funding sources for multi‑family housing and community facilities.
• Experience with private sector financial institutions and public agencies.
• Basic knowledge of business law concepts, including contracts, loan collateral, UCC, creditors’ rights and business organization forms.
• Proficiency with Microsoft Office Suite and database software.
• Excellent task‑management skills requiring strong attention to detail.

Bachelor’s degree in real estate, urban planning, business administration, finance or related field, including introductory accounting; advanced degree preferred. Must be a self‑motivated, dedicated professional with creativity and perseverance. Flexibility with time and willingness to travel nationally for team management, annual office visits and site visits.

• Salary Range: $146,400 – $183,000
• Medical, dental, vision, wellness and life insurance; 401(k)
• Gym reimbursement and professional development subsidy

Please apply with Resume and Cover Letter via our recruitment portal (adp.com) or email careers@liifund.org.